Global Tax Free Withdraws 'Cut-Price' Share Issue After One Day—Cites Shareholder Value
Global Tax Free Co. abruptly canceled a 14 billion won ($10.7 million) discounted share issue after shareholder backlash, but its management buyout at a 60% premium proceeds as planned.
A Japanese investor’s 7 billion yen M&A windfall spotlights South Korea’s “Korea Discount,” as minority shareholders in deals like AK Holdings and Tongyang Life remain excluded from management premiums due to the absence of a mandatory tender offer system.
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700 Billion Yen 'Jackpot' in Japan—Why Are AK Holdings and Tongyang Life Shareholders Left Out?
A Japanese investor’s 7 billion yen M&A windfall spotlights South Korea’s “Korea Discount,” as minority shareholders in deals like AK Holdings and Tongyang Life remain excluded from management premiums due to the absence of a mandatory tender offer system.
LS Securities PE Division Faces Controversy Over First Deal as Refine Breach of Duty Allegations Intensify
LS Securities' first PE deal faces mounting legal scrutiny as allegations of breach of duty over Refine's discounted treasury share sale and high-interest EBs intensify.
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